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Book Reviews

Beyond mechanical markets – asset price swings, risk and the role of the state

Pages 69-75 | Published online: 25 Mar 2013

References

  • Frydman , R. and Goldberg , M. D. 2007 . Imperfect knowledge economics: Exchange rates and risk , Princeton, NJ : Princeton University Press .
  • Johansen , S. , Juselius , K. , Frydman , R. and Goldberg , M. 2010 . Testing hypotheses in an I(2) model with piecewise linear trends: An analysis of the persistent long swings in the Dmk/$ rate . Journal of Econometrics , 158 ( 1 ) : 117 – 129 .
  • Keynes , J. M. 1921 . A treatise on probability , London : Macmillan .
  • Keynes , J. M. 1936 . The general theory of employment interest and money , London : Macmillan .
  • Knight , F. 1921 . Risk, uncertainty, and profit , Boston, MA : Houghton Mifflin .
  • Lucas , R. E. Jr. 1977 . “ Understanding business cycles ” . In Stabilization of the domestic and international economy , Edited by: Brunner , K. and Meltzer , A. H. 7 – 29 . Amsterdam : North Holland . Carnegie-Rochester Conference Series on Public Policy
  • Lucas , R. E. Jr. 2004 . “ My Keynesian education ” . In The IS-LM model: Its rise, fall, and strange persistence , Edited by: Vroey , M. D. and Hoover , K. D. 12 – 24 . Durham, NC : Duke University Press . Annual Supplement to Volume 36 of History of Political Economy
  • Tobin , J. 1958 . Liquidity preference as behavior towards risk . Review of Economic Studies , 25 ( 1 ) : 65 – 86 .

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